Some reports at the time indicate trial production of finished iPhone X units did not start until late August, a process that normally concludes in July. It is supposed to be an upgrade to the existing iPhone X. The most interesting fact about this device is that Apple has made a decision to keep its initial manufacturing bill of materials (MBOM) much lower than that of iPhone X. Apple is set to debut three new iPhones later this year, an update to the 5.8-inch iPhone X, a larger 6.5-inch device dubbed "iPhone X Plus" and a cheaper 6.1-inch LCD iPhone.
Courtesy of the cost reduction, Line expects the 5.85-inch OLED version to be the most of affordable of the new iPhone Xs.
In terms of specifications, the iPhone X sports a 5.8 inch Super Retina HD Display and is powered by the company's A11 Bionic chip. The 6.5-inch device will bring a thin-bezel OLED screen and notch to the Plus form factor, incorporating a much bigger display in the same physical size as the current 5.5-inch iPhones.
Apple is believed to be working on three new iPhones for 2018. LG displays are said to be making their way to this year's iPhone X Plus devices. However, the project was suspended "mid-February and may be eventually terminated". Remember that the iPhone X isn't selling as well as Apple had hoped - something that's been largely attributed to the high price of the device - so if Apple wants the iPhone X Plus to sell in high volumes, it needs to be careful not to go too insane on the pricing.
iPhone sales did miss expectations during Apple's most recent quarter, but CEO Tim Cook said that the "iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November". While the display on the iPhone X is extremely color accurate, it's still not quite flawless. Still, they have had their situations in which the information turned out to be true, so it's a real possibility that the iPhone 11 cost may actually be lower than what it costs to produce the iPhone X. The third option, meanwhile, will have an edge-to-edge display and Face ID similar to the iPhone X but with an LCD display and aluminum edges. If Apple were to pass on that savings to customers, the next iPhone X could cost about $900 instead of $999.